£324,365
This estimated value is based upon the latest sale price for the house of £320,000 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 3 Jul 2023 |
| £176,500 | 17 Nov 2011 |
| £67,500 | 16 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 911 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £320,000 results in an estimated price of approximately £324,365.
| 3 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £320,000 | £4,365 | £324,365 |
The Postcode Pricing Model uses changes in average sales price within the B62 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -45.666 % | £-146,130 | £173,869 |
| 3 Month Average | -9.489 % | £-30,366 | £289,633 |
| 6 Month Average | 4.602 % | £14,724 | £334,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £324,366 | £320,000 | 3 OAK BARN ROAD |
| 23 Jun 2023 | £299,629 | £296,000 | 28 WOODLAND ROAD |
| 31 Mar 2023 | £262,473 | £260,000 | 275 LONG LANE |
| 16 Nov 2022 | £256,888 | £260,000 | 107A LONG LANE |
| 22 Dec 2021 | £133,922 | £125,000 | 42 SOUTHWICK ROAD |
This house has a floor area of 84 sq meters or 911 sq feet when measured on 6 Jun 2011. Using an estimated price of £324,366 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on OAK BARN ROAD is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Barn Road |
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Oak Barn Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Oak Barn Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Long Lane |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Southwick Road |